Optimization of order-up-to-S policies for two-level inventory systems with compound Poisson demand. (English) Zbl 0913.90092
Summary: We consider a two-level inventory system with one warehouse and \(N\) retailers. Leadtimes are constant, and the retailers face different compound Poisson demand processes. All facilities apply order-up-to-\(S\) replenishment policies. We show how to evaluate holding and shortage costs exactly.
MSC:
| 90B05 | Inventory, storage, reservoirs |
Keywords:
multi-echelon systems; two-level inventory system; compound Poisson demand processes; order-up-to-\(S\) replenishmentReferences:
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